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Gold/Mining/Energy : Erin Ventures Inc. (TSX-V: EV)
EV 21.85+0.3%Apr 17 5:00 PM EST
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From: piskanjabluesky4/22/2014 12:03:01 PM
1 Recommendation

Recommended By
Scotchontheroc

   of 19
 
The new report out today on Erin Ventures boron deposit mentioned cost per ton at $100/ton. The current price for colemanite is $700/ton. This price is expected to double by 2030! Turkey claims they make 60% profit from their boron, I have been told Erin could do much better, one reason, they have no arsenic. Recent asian article mentions borates could soar by 40-45% in 2014/2015. content.yudu.com
juniorgoldreport.com

Rio Tinto 2014 update
The demand for borates doubles by 2030! Demand for borates equivalent to 2 new operations the size of boron California, by 2030! Erin will probably have over 25 years of mine life at these very high prices.
riotinto.com page 27

March 3, 2014- Turkey operations to expand to 1.5m tpa borates output to feed growing demand
Eti Maden, told IM that its business has grown fourfold in four years as demand for borates for hydraulic fracturing (fracking) has increased. indmin.com
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